Oil & Gas in Argentina industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

The oil and gas market volume is defined as the total consumption (barrels of oil equivalent) of refined petroleum products and natural gas by end-users in each country.

The Argentinian oil & gas market had total revenues of $10.8bn in 2016, representing a compound annual rate of change (CARC) of -20.1% between 2012 and 2016.

Market consumption volume increased with a compound annual growth rate (CAGR) of 1.8% between 2012 and 2016, to reach a total of 0.6 billion BOE in 2016.

With crude oil prices recovering somewhat in recent times, the Argentine oil and gas market should return to growth in the forecast period. It remains to be seen however if the growth in the forecast period will be as strong as predicted since the unstable nature of the Argentine economy can take a turn for the worse if political events force it to.

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Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oil & gas market in Argentina